7S-TECHNOLOGY AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-01; registry 2021-07-07; journal 2021 537611
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7S-TECHNOLOGY AS. Net result -171.4k NOK → -217.3k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-100.1k NOK
-150.0k NOK
-49.9%
Net result
-171.4k NOK
-217.3k NOK
-26.8%
Cash
22.4k NOK
14.6k NOK
-34.7%
Total assets
921.9k NOK
785.3k NOK
-14.8%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.10× → 1.04×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -100.1k NOK → -150.0k NOK. Calculated
-
↓
Net result weakened
Net result -171.4k NOK → -217.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 22.4k NOK → 14.6k NOK (-34.7% YoY). Calculated